EV Motor Core Market
EV Motor Core Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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EV Motor Core Market Size and Growth
The EV motor core market is experiencing robust growth, driven by increasing electric vehicle adoption and advancements in motor technologies. In 2023, the market size is estimated to reach approximately $5 billion, with a projected CAGR of over 15% through 2030, reflecting strong demand for efficient electric propulsion systems. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Mitsui High-tec
◍ Fine-Stamping
◍ JFE
◍ Zhejiang Shiri Electromechanical Technology
◍ r.bourgeois
◍ Jiangsu Lianbo Precision Technology
◍ ChangyingXinzhi
◍ YONGRONG Power
◍ POSCO
◍ Foshan Precision Power Technology
◍ Wuxi Long Sheng Technology
The EV Motor Core Market features key players like Mitsui High-tec and POSCO, which supply high-quality cores essential for electric vehicle performance. Companies like Fine-Stamping and Jiangsu Lianbo Precision Technology enhance production efficiency, while others innovate materials, boosting market growth. Sales figures include:
- Mitsui High-tec: $1.1 billion
- POSCO: $62 billion - JFE: $21.7 billion.
Market Segmentation
By Application
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By Product
Welded Motor Core
Interlocking Motor Core
Buckle stack Motor Core
Bonding Motor Core
Market Growth
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$ X Billion USD
